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Mr.Nuke

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Posts posted by Mr.Nuke

  1. On 8/12/2018 at 7:48 AM, tyroned3222 said:

    Q1 Sprint spent 1.1 billion capex on network improvements. In Q2 ( Sprint is rumored to spend 1.5 billion) much needed..

    Lets be clear the guidance is $5 to $6 billion per year over the next 3 years. That would breakdown to $1.25 billion to $1.5 billion per quarter, but I wouldn't be looking at it at that micro of a level. The fact that $1.1 is close enough to $1.2 though right now tells us guidance is holding fairly well right now. We'll revaluate that next quarter when we're half way through the year.

    On 8/12/2018 at 8:15 AM, bigsnake49 said:

    It was probably part of the merger discussions. As in you better get your network in decent shape or the merger is off. Decent shape as in put band 41/26 on all your sites. 

    No this is Sprint following its CapEx plans and assuming it may have to continue operating on its own if a merger fails to go through. The merger documents and terms are public. This was not part of it. Given new T-Mobile would be decommissioning 35,000 sites with most of them predominately being Sprint sites, it would actually be the exact opposite. If you were T-Mobile management in an ideal world you could tell Sprint where to dictate their $5 to $6 billion in spending i.e. keep sites. If not you'd probably prefer them not to be spending a bunch of money on equipment that you at the very least are going to end up having to pay to move and at the most that your going to throw away. You'd rather have Sprint target that $5 to $6 billion on debt reduction or ideally have it sitting there in cash for when  you take over and can spend it right away as you see fit.

    On 8/12/2018 at 9:07 AM, RedSpark said:

    He sure didn’t sound too happy at the idea of Sprint going it alone and having to spend billions of dollars on network improvements for 5G....

    Sprint’s not in a financial position to spend that kind of money, right? Perhaps that money would have to come from SoftBank?

    Or we could all just realize the context of the comments and the FCC document they were made in.

     

     Sprint had no problem borrowing the $5 to $6 billion for this year. As long as lenders are willing to continue to lend them money at decent terms, as a company they're fine. Near term they're in ok shape. Longer term that becomes a bit more problematic.

    • Like 3
  2. 19 minutes ago, tyroned3222 said:

    You said: " if the merger goes through that will switch to tmo roaming.

     

    All I'm saying is that will happen no matter if the merger gets approved or not

    No I'm talking about a very specific part of a specific state, which neither carrier currently natively serves. Please take a second and go back and read the post, because the last words you left off are very important. " If the merger goes through, that will switch over to T-Mobile's roaming deal with Viaero." Again, this has absolutely nothing to do with Sprint and T-Mobile's separate roaming deal, which almost certainly covers only T-Mobile native coverage.

     

     

    • Like 1
  3. 8 hours ago, Dkoellerwx said:

    In between the CCA roaming agreements, KS and NE had some roaming on Verizon. Most areas are now covered by a combination of USCC, NexTech and Pioneer. There might be a few spots in far NW Nebraska that still roam on Verizon, but I would say 98-99% of KS is covered by a extended network partner. 

    Pretty much the entire Nebraska panhandle is verizon roaming. If the merger goes through, that will switch over to T-Mobile's roaming deal with Viaero.

    • Like 1
  4. 2 hours ago, RedSpark said:

    Marcelo laid it on pretty thick as to what Sprint’s troubles are... Wow....

    I haven't ready his testimony and probably won't have a chance to until late tonight or tomorrow, but much like the FCC document, why is this a surprise? Part of the sell job to the regulators and anyone like congress that could potentially step in the way of this is that Sprint (and T-Mobile makes the same argument themselves in their portion of the FCC filing as well) are in precarious position going forward with significant competitive disadvantages to AT&T and Verizon.

     

    Selling this, and specifically selling this angle is why Claure is no longer the CEO and why Combes and the rest of the executive team is on a cross country roadshow telling employees the exact opposite of what Claure is telling the regulators. It is all part of the dance.

    • Like 5
  5. 1 hour ago, RedSpark said:

    Sprint is in big trouble—and knows it

    Reading this list was really depressing...

    Quite the premise for an article based on a document that is doing everything it can to sell the FCC idea on the notion that the two companies need to merge to survive...

     

    1 hour ago, Paynefanbro said:

    I read the portion of the filing that is being referenced in the article and it makes it seem as though both Sprint and T-Mobile are in a dire position.

    Yeah if you want to view an earnings release or earnings call as Sprint putting on a positivity show, you wouldn't necessarily be wrong. But if that is your position, then you also need to realize the FCC document is just as far if not further in the opposite direction to do everything they can to get the merger through. The truth is somewhere in the middle between the two.

    • Like 2
  6. 11 minutes ago, derrph said:

    That doc is sooo juicy with all the tea.  That Sprint 5G map is a mess but its hitting cities that are well off for Sprint.

    It would be a lot more juicy without the redactions.

    Quote
    However, the performance impact of massive MIMO would occur only in the limited  geographic areas where Sprint would deploy this technology on its own.  Sprint expects to  deploy this feature on approximately  (redacted) sites by the end of 2020

    Great.

    • Like 2
  7. Still vague on the details, but it will be curious to see how they go at this assuming the merger is approved.

    Quote

    "You identify the anchor network as we would call it, which is the T-Mobile network. You build and light up all of the spectrum assets of the company on that combined network," Ray said. "You add some scale to it, some density in key markets from the other network where it makes sense to avoid building that cost in over the following years. And then you start to migrate customers across from the Sprint network onto the New T-Mobile network,"

    https://www.fiercewireless.com/wireless/t-mobile-hopes-for-sprint-merger-approval-as-soon-as-next-month

    • Like 1
  8. 3 hours ago, mmark27 said:

    We tried to do it over the phone (me helping him) but we were unable to find a location in the house that got past the "acquiring signal" screen. Described as a Sprint screen with status bars that never moved from "the second one" my dad said. I requested a picture of what it was doing, but alas one was not sent. :)

    Anyways, we tried 4 or 5 different locations in the house that were "nearest" the towers broadcasting B41

    How long were you letting this process play out?

  9. 20 hours ago, nexgencpu said:

    You beat me by quite a bit..

     

    18 hours ago, nexgencpu said:

    Marcelo just confirmed that Capex guidance will continue as planned. No cut backs due to merger.

    I did on that too in the same post ?

     

    18 hours ago, derrph said:

    Well that’s nice to hear. Working on Plan B in case A falls through. Let’s just hope that statement with still working on the network with the stated amount isn’t just bluff. I guess next quarter after this quarter is up we will see how much they’ve spent thus far and if they lower spending. 

    Yeah with merger approval prospects 50/50 at best each company needs to continue operating as if the merger isn't going to go through to an extent. An analyst tried to address the following on the call, but Marcelo didn't really give a great answer and it didn't come up on T-Mobile's earnings call at all...

     

    The question to ask Neville Ray or John Legere and even to an extent Marcelo, Combes, and Saw is ok you guys have indentified approximately 35,000 sites between the two networks that would be decommissioned under a merger, how solid is that estimate? Have you actually started to go through and identify specific sites or are we just talking general estimates right now? Because if they've reached the specific site stage (and it is possible that they have especially on T-Mobile's side as part of their due diligence) does Sprint have T-Mobile's list? With T-Mobile spending $4.9 to $5.3 billion and Sprint spending $5 to $6 billion this year, ideally (again especially of you are T-Mobile) you'd find a way to have that money spent intelligently.

    • Like 5
  10. 6 minutes ago, jamesinclair said:

    Is any of this accredited to the free year of service promo?

    Massive incentive to gain subscribers while incurring zero cash expenses

    Perhaps, but it probably isn't much. Historically they've said it accounts for <1% of new adds. Additionally increased operating Income, and positive net income for the first time in 11 years would point towards it not being a significant impact.

    • Like 3
  11. Quote

     

    Fiscal year 2017 postpaid phone net additions of 606,000
    oThird consecutive year of postpaid phone net additions
    oHighest postpaid phone gross additions in six years
    oFiscal fourth quarter postpaid phone net additions of 55,000 marked the eleventh consecutive quarter of net additions
    •Fiscal year 2017 prepaid net additions of 363,000 compared to net losses of 1 million in the prior
    year
    oPrepaid net additions for the first time in three years
    oPrepaid churn of 4.58 percent was the lowest in three years
    oFiscal fourth quarter prepaid net additions of 170,000
    Fiscal year 2017 net income of $7.4 billion, operating income of $2.7 billion and Adjusted EBITDA*of $11.1 billion
    oNet income for the first time in 11 years, even when excluding $7.1 billion of one-time favorable impact from tax reform
    oHighest operating income in company history and highest Adjusted EBITDA* in 11 years
    oFiscal fourth quarter net income of $69 million, operating income of $236 million, and
    Adjusted EBITDA* of $2.8 billion
    •Fiscal year 2017 net cash provided by operating activities of $10.1 billion and adjusted free cash
    flow* of $945 million
    oSecond consecutive year of positive adjusted free cash flow*

    http://s21.q4cdn.com/487940486/files/doc_financials/quarterly/2017/q4/Fiscal-4Q17-Earnings-Release-FINAL.pdf

     

    Final 2017 Capex was $3.3 billion narrowly missing the $3.5-$4 billion guidance.

    FY 2018 Capex guidance remains $5-6 billion

     

    Marcelo Claure is out as CEO, being transitioned  to "Executive Chairman." Michel Combes as the new CEO. Claure will also be COO of SoftBank and CEO of SoftBank International.

    http://newsroom.sprint.com/sprint-elevates-marcelo-claure-to-executive-chairman-and-appoints-michel-combes-as-ceo.htm

     

    • Like 7
  12. 8 hours ago, Arysyn said:

    I'm surprised no other carrier has gone for Sprint in this time its taken for T-Mobile to try. I didn't expect AT&T to, although I still wouldn't be surprised if AT&T makes another shot at T-Mobile, especially if AT&T loses their Time Warner plan.

    No one other than Verizon or AT&T is in a position to merge/buyout with Sprint or T-Mobile, and no # 1or 2 carrier combining with a 3 or 4 was ever going to get regulatory approval.

    • Like 1
  13. 18 minutes ago, dro1984 said:

    Both T-Mobile and Sprint have their Investor Relations quarterly results tomorrow at 4:30pm.   Do you think they are combining into one join meeting together?   

    T-Mobile's earnings are being released after the closing bell today. Sprint's earnings release is tomorrow. The companies will continue seperate earnings releases this year as they are still operating "independently."

    • Like 2
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